Blogging Stocks | by Paul Foster | Sat, Jul 28
Sat, Jul 28
Gap Inc. (NYSE: GPS) volatility Elevated into new CEO. GPS, the San Francisco based parent company of 3,200 Gap, Old Navy, and Banana Republic stores, appointed Glenn Murphy, 45, to serve as GPS's Chairman and CEO and as a member of the Board of Directors. Smith Barney upgraded GPS to Buy. SBSH...
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source: BloggingStocks
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source: BloggingStocks
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A Gap for international growth 
source: just-style.com
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Donald Fisher, legendary retail giant, dies 
source: BloggingStocks
Back in the late 1960s -- when the hippie movement was in full force -- Donald Fisher started a blue jeans store in San Francisco. Yes, it eventually turned into a retail empire, called The Gap (NYSE: GPS). The company now has more than 3,100 stores and $14.5 billion in revenues.
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source: PR Inside (Pressemitteilung)
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source: BloggingStocks
Some retailers actually showed gains. TJMaxx (NYSE: TJX) and Old Navy, a Gap (NYSE: GPS) company, for example, saw year-over-year sales increases, though upscale stores generally sustained declines. The action on the discount side could be an early sign that the consumer is ready to pla...
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source: BloggingStocks
American Eagle Outfitters (NYSE: AEO), a fashion retailer that competes with Gap (NYSE: GPS) and Abercrombie & Fitch (NYSE: ANF), didn't do too well in Q2. Total sales went down 5%, and earnings per share on a GAAP basis fell a most awful 50% to 14 cents. According to Bloomberg, the adjus...
Published Fri, Aug 28
source: just-style.com
The results come after two years of cost cutting and expense management at the San Francisco based retailer - although sales worryingly continue to fall in all its divisions. Its best performing unit was Old Navy, but there is still work to be done at the Gap, Banana Republic and internatio...
Published Mon, Aug 24